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Updated over 4 years ago,
Market-Driven Affordable Housing New Jersey
Good Morning Fellow Pocket Growers,
I lived in Maryland for 4 years and worked in Real Estate Development, Small Multifamily Investing, and Investment Consulting. We developed Affordable Housing Apartment Complexes with Low Income Housing Tax Credits (LIHTC) and United States Department of Agriculture (USDA) Rural Development (RD) Loans and Rental Assistance (RA). Some of the projects had Section 8 Housing Assistance Program (HAP) Contracts as well. We focused on building Energy Efficient & Sustainable Developments which reduced environmental impact, used high-quality durable materials, and included energy efficiency improvements.
Affordable Housing is a great investment if done right and I'm curious to see what others are doing in the space to provide better housing for those low-to-moderate income families who need it.